Big news for the shores of the Gowanus Canal: NYC development firm The Lightstone Group intends to develop the old Gowanus Toll Brothers site, between the Gowanus Canal, Bond Street, Carroll Street and Second Street. Someone from Community Board Six tells us that at the last land-use meeting, “It was announced that a developer has stepped forward and is planning to build 700 units on the formerly Toll Brothers’ Gowanus site. The developer didn’t speak before the committee… They have approached [District Manager] Craig Hammerman and will first meet with Craig, Peter Fleming the committee chair and Daniel Kummer the board chair. They will be seeking more allowances that will demand a ULURP hearing. I think they will be seeking more height in a trade for 20 percent affordable.” Craig Hammerman confirmed the Lightstone Group wants to develop the site but said he had no more specifics. However, the developers are expected to bring a formal land-use action to Community Board Six for public review this fall. And the board asked that the developers brief CB6 and the community on their plans during the next meeting on Thursday, August 23rd. “What we’ve heard so far raises a lot of questions,” Hammerman said, “And right now we have an information vacuum that we can hopefully fill with facts.” Toll Brothers scrapped the plans for a massive, 605,380-square-foot development after the Gowanus Canal was designated a superfund site. According to public records, the land hasn’t transferred over to a new entity. Of course, it’s worth noting that it will take a minimum of ten years to relieve the Gowanus Canal of its Superfund status.
Toll Brothers Sued Over Gowanus Acquisition [Brownstoner]
As luxury high rises sprout up on every vacant lot in south Williamsburg, sale prices in the area are expected to match those of north Williamsburg in a few years, said a story in The New York Times. Right now they trade at about a 15 percent discount, or $1,000 per square foot, vs. the […]
Crazy weather — although this is not the latest it has snowed in Brooklyn, according to The New York Times. That was May 9, in 1977. We hope this doesn’t wreck our tulips, which were just about to bloom today. (You can see their tiny heads at the end of our yard, in front of […]
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Tenants at Homewood Gardens Estates in East Flatbush claim their landlord is trying to push them out in favor of white tenants willing to pay higher rents, according to a lawsuit filed in federal court. The suit alleges that landlords Yeshaya Wasserman, Shay Wasserman and Yitzchok Rambod ignored repair requests, forced evictions and offered cash buyouts, the […]